An announcement from Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) is now available.

Jiangsu Lopal Tech. Group Co., Ltd., a PRC-based joint stock company listed in Hong Kong, is seeking to strengthen its long-term development by deepening alignment between its management, key technical staff and shareholders. The board’s mix of executive, non-executive and independent directors reflects an emphasis on formal governance structures to support sustainable growth and competitiveness.

The company’s board has resolved to propose a 2026 A Share Restricted Share Incentive Scheme, involving the issue of new A shares, subject to shareholder approval at an extraordinary general meeting. The scheme is designed to create a long-term incentive and constraint mechanism for directors (excluding independents), senior and middle management and core technical backbones, aiming to boost retention, corporate cohesion and governance while excluding major shareholders and independent directors to protect minority interests.

Shareholders will be asked to approve both the incentive scheme and its administrative and appraisal measures, as well as authorizing the board to handle related matters. A circular detailing the scheme’s key terms and the notice of the extraordinary general meeting will be sent to shareholders, underscoring the company’s effort to formalize incentives that support operational stability and long-term value creation.